Following negotiations between the Baptist Pension Scheme Trustee and the Baptist Pension Scheme Employers' Group on behalf of Baptist Union of Great Britain, a Family Solution to the deficit in the Defined Benefit section of the Baptist Pension scheme was agreed in April 2018. More details, including the implications for churches and other employers in the scheme and scheme beneficiaries can be found on the Family Solution page
As part of the work towards the Family Solution, a series of Pension Roadshows took place during Autumn 2017 for treasurers, deacons and ministers - anyone who is a trustee of a local church and member of the Baptist Pension DB Scheme - to inform them about what is happening to address the current deficit in the Scheme and the potential impact it may have on individual churches.
The Roadshows were put together by members of the Pensions Employers Group (EG) who shared information on the 2016 actuarial valuation; dealing with individual church pension debts; the new draft employer debt regulations and what the EG calls, ‘a family solution for a family problem’.
For those unable to attend the Roadshows, a webinar covering the same material was shared in December 2017 and this can be viewed below.
Download the video to show to your church trustees in mp4 format
(220MB) or mov format